Shares of Timken India are buzzing on the bourses today; know why?
Shares of Timken India are buzzing on the bourses today; know why?

Shares of Timken India are buzzing on the bourses today; know why?

The stock skyrocketed over 10 per cent in the morning trade.

Tushar Jain Article rating: 4.0

Timken India is planning to set up a new manufacturing facility at Bharuch, Gujarat to manufacture Spherical Roller Bearings (SRB) and Cylindrical Roller Bearings (CRB) and components thereof which will enhance the manufacturing capacity of the company.

Anupam Rasayan zooms beyond 6 per cent on acquiring stake in Tanfac Industries
Anupam Rasayan zooms beyond 6 per cent on acquiring stake in Tanfac Industries

Anupam Rasayan zooms beyond 6 per cent on acquiring stake in Tanfac Industries

On Wednesday. at 10.05 am, the share of Anupam Rasayan was trading at Rs 1,091.95 per share, gaining 6.84 per cent on an intra-day basis on BSE.

Shreya Chaware Article rating: 4.3

Anupam Rasayan India Ltd, one of India’s leading custom synthesis and speciality chemical players on Tuesday announced that its Board of Directors has approved the acquisition of 24.96 per cent of the total equity shareholding of and joint control of Tanfac Industries Limited from Birla Group Holdings Private Limited (a promoter company which is part of Aditya Birla Group) and few other promoter group of TIL and the launching of an open offer under the Securities Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011 to acquire a further 26 per cent shareholding from the public shareholders of TIL.

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